Reuters Staff 2 Min Read REUTERS - Vodafone Group PLC’s India unit reported a 39 percent fall in operating profit for the first half of this fiscal year, hurt by a bruising price war started by an upstart rival and a new nationwide sales tax. A hotel ...

The Supreme Court will today hear the Centre's plea against an order of the Delhi High Court that allowed arbitration in the Vodafone tax case.The matter is being heard by a bench headed by Chief Justice Dipak Misra.Earlier on October 26, the Delhi High Court ...

The proposed combination is an intra-group transfer of 42 per cent shares of Indus Towers from the telecom operator to the Vodafone India shareholders Last Updated at December 5, 2017 17:21 IST Photo: Shutterstock Fair trade regulator CCI has given its nod to ...

Tata Group had hinted at combining its enterprise business with Tata Communications and its fixed-line and broadband businesses with Tata Sky. Tata Sky may have a chance at building a communications ecosystem if Tata Group decides to combine the fixed-line and broadband businesses of Tata Teleservices (TTSL) with the former’s direct-to-home (DTH) business. While no decision has been taken yet, the move, if taken could mean a leg up for Tata Sky in terms of services, said sector ...

British telecom major Vodafone is open to exploring opportunities for sale of stake in Indian mobile tower firm Indus Towers -- its joint venture with Bharti Airtel and Idea Cellular.If the plan fructifies, it is expected to create more value for the ...

MUMBAI/BENGALURU : American Tower Corp has agreed to buy about 20,000 mobile phone masts for 78.5 billion rupees ($1.2 billion) from Idea Cellular and Vodafone India, who are seeking to merge. As part of the merger deal agreed in March, Vodafone India and ...

UK-based Vodafone, the only major international telco left in India, is gearing up for a leadership overhaul across roles ahead of the completion of a mega merger with Idea Cellular. The merger, expected to complete in the first half of calendar year 2018, is ...

The Mergers and Acquisitions (M&A) during the year, till December 7, has seen a 12 per cent decline to $55.93 billion in 1,375 deals, after hitting a five-year highest deal value of $63.48 billion in 1,381 deals owing to the decline in value of deals in ...